Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| 1 |
Apple
AAPL
|
$552M |
| 2 |
Comcast
CMCSA
|
$389M |
| 3 |
Microsoft
MSFT
|
$365M |
| 4 |
Amazon
AMZN
|
$274M |
| 5 |
Exxon Mobil
XOM
|
$262M |
Top Sells
| 1 |
Canadian National Railway
CNI
|
$89.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$79.6M |
| 3 |
Suncor Energy
SU
|
$78.1M |
| 4 |
STJ
St Jude Medical
STJ
|
$63.5M |
| 5 |
TC Energy
TRP
|
$58.8M |
Sector Composition
| 1 | Technology | 16.63% |
| 2 | Healthcare | 15% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Manulife Financial
MFC
$52.2B
| $142M | 0.18% | 7,990,700 -3,017,100 | -27% | -$53.5M |
|
127
Hewlett Packard
HPE
$29.6B
| $140M | 0.17% | 5,903,092 +1,246,200 | +27% | +$29.5M |
|
128
Johnson Controls International
JCI
$69.9B
| $140M | 0.17% | 3,319,121 +717,700 | +28% | +$30.2M |
|
129
eBay
EBAY
$41.4B
| $138M | 0.17% | 4,123,891 +767,600 | +23% | +$25.8M |
|
130
Emerson Electric
EMR
$74.3B
| $136M | 0.17% | 2,277,573 +485,200 | +27% | +$29M |
|
131
Boston Scientific
BSX
$156B
| $135M | 0.17% | 5,428,130 +1,070,700 | +25% | +$26.6M |
|
132
Marsh & McLennan
MMC
$101B
| $135M | 0.17% | 1,826,963 +381,400 | +26% | +$28.2M |
|
133
Fiserv
FI
$75.1B
| $135M | 0.17% | 1,168,972 +167,100 | +17% | +$19.3M |
|
|
PX
134
DELISTED
Praxair Inc
PX
| $133M | 0.17% | 1,120,967 +223,300 | +25% | +$26.5M |
|
135
Phillips 66
PSX
$54B
| $132M | 0.16% | 1,661,114 +350,100 | +27% | +$27.7M |
|
136
AutoZone
AZO
$70.2B
| $131M | 0.16% | 180,791 +22,200 | +14% | +$16.1M |
|
137
Constellation Brands
STZ
$28.5B
| $129M | 0.16% | 793,516 +146,500 | +23% | +$23.7M |
|
138
Xcel Energy
XEL
$42.8B
| $128M | 0.16% | 2,887,583 +429,100 | +17% | +$19.1M |
|
139
Allstate
ALL
$53.6B
| $128M | 0.16% | 1,572,773 +277,800 | +21% | +$22.6M |
|
140
Cognizant
CTSH
$35.3B
| $128M | 0.16% | 2,149,730 +468,100 | +28% | +$27.9M |
|
141
Tesla
TSLA
$1.08T
| $127M | 0.16% | 456,085 +97,600 | +27% | +$27.2M |
|
142
Paychex
PAYX
$50.2B
| $126M | 0.16% | 2,144,603 +291,000 | +16% | +$17.1M |
|
143
Humana
HUM
$36.5B
| $125M | 0.16% | 605,026 +118,400 | +24% | +$24.4M |
|
144
Clorox
CLX
$14.5B
| $123M | 0.15% | 915,092 +110,700 | +14% | +$14.9M |
|
145
Target
TGT
$43.6B
| $123M | 0.15% | 2,230,611 +363,800 | +19% | +$20.1M |
|
146
Ecolab
ECL
$78.6B
| $123M | 0.15% | 980,742 +201,700 | +26% | +$25.3M |
|
|
APC
147
DELISTED
Anadarko Petroleum
APC
| $123M | 0.15% | 1,980,405 +438,400 | +28% | +$27.2M |
|
148
Travelers Companies
TRV
$61.1B
| $121M | 0.15% | 1,006,516 +203,200 | +25% | +$24.5M |
|
|
TFCFA
149
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $121M | 0.15% | 3,744,599 +759,000 | +25% | +$24.6M |
|
150
McKesson
MCK
$85.4B
| $119M | 0.15% | 800,991 +174,900 | +28% | +$25.9M |
|